City Report · WI

Wauwatosa

Pop. 48,529·12th most expensive in Wisconsin·Wauwatosa rents are up 7.7% over the past year
Median rent (all units)
$1,722/mo
Year-over-Year
+7.7%
Month-over-Month
+1.5%
vs US Median
-$243
Rising (Monthly)
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Most AffordableMost Expensive
Wauwatosa · $1,722
More affordable than 59% of US cities · National median $1,965/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Wauwatosa's 10-year trend predicts.

Actual rent
$1,722/mo
Expected by trend
$1,742/mo
The Rent Reality Score compares today's median rent to where Wauwatosa's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,035
1 BR
$1,165
2 BR
$1,390
3 BR
$1,725
4 BR+
$1,880
Research median
$1,390/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,664/yr
At $1,722/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.7% YoY, +1.5% MoM), not inventory.
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Demographics

Who lives here

Wauwatosa, WI is majority owner-occupied, has a median income above the national average, 64% of residents hold a bachelor's degree or higher.

Population
48,529
Median income
$101,138
Median age
38.4
Renters
39.2%
Age distribution
20.9%
22.7%
27.9%
17.8%
Under 1820.9%
18–3422.7%
35–5427.9%
55–6410.7%
65+17.8%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
79.5%
White79.5%
Black7.4%
Hispanic5%
Asian4.6%
Other3.5%
Education (25+)
12.8%
21.4%
64%
No HS diploma1.8%
HS diploma12.8%
Some college21.4%
Bachelor's+64%
Housing tenure
60.8%
39.2%
Owner60.8%
Renter39.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Wauwatosa, WI has changed in 5 years

Rent
$1,273 → $1,722
up 35.3%
Income
$90,420 → $101,138
up 11.9%
Population
48,072 → 48,529
up 1.0%
Renter share
36.6% → 39.2%
+2.6 pts
Bachelor's+
60.6% → 64%
+3.4 pts

Compared with 2021, rent in Wauwatosa, WI has increased by $449 per month, settling near $1,722 after starting the period at $1,273. Household income in the area moved from $90,420 to $101,138 across the same window, up 11.9% versus 2021. Rent outpaced income growth by roughly 23.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 48,072 to 48,529 between 2021 and 2024, a 1.0% change. About 39.2% of households rent today, against 36.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 60.6% to 64%. Reading these numbers side by side helps frame whether current listings in Wauwatosa, WI look reasonable against where the market sat half a decade ago.

Community

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View Wauwatosa rent history (2015–2026) →
Salary vs rent

Can you afford rent in Wauwatosa on your salary?

At $1,722/mo, how Wauwatosa rent compares to typical pay (30% rule).

By apartment size

Wauwatosa rent by bedroom count

Median rent for each apartment size in Wauwatosa. Click any size for full breakdown.

Local insights

Tips for renters in Wauwatosa

About renting in Wauwatosa, WI

Last updated: July 20, 2026

The median rent in Wauwatosa is $1,722/mo as of July 2026. A studio apartment averages $1,035/mo while a 2-bedroom runs $1,390/mo. One-bedroom apartments average $1,165/mo and 3-bedroom units go for $1,725/mo.

At 20% of local median household income ($101,138/yr), Wauwatosa ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.7% over the past year.

FAQ

Frequently asked questions

Is Wauwatosa an affordable city for renters?

Wauwatosa is considered very affordable for renters. At $1,722/mo, rent takes approximately 20% of the local median household income ($101,138/yr). The standard benchmark is 30%. Wauwatosa falls comfortably within that range.

How much income do you need to rent in Wauwatosa?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,722/mo in Wauwatosa. The local median household income is $101,138/yr, meaning the typical Wauwatosa household meets that threshold.

Is rent going up or down in Wauwatosa?

Rent in Wauwatosa has increased 7.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Wauwatosa neighborhoods have the lowest rent?

The most affordable ZIP codes in Wauwatosa are 53226 ($1,670/mo), and 53213 ($1,778/mo). Citywide, the median rent in Wauwatosa is $1,722/mo.

How does Wauwatosa rent compare to other cities in Wisconsin?

Wauwatosa is one of the pricier cities in Wisconsin for rent, ranking #12 out of 62 tracked cities at $1,722/mo.

Which nearby cities are cheaper to rent in than Wauwatosa?

Several nearby cities have lower median rents than Wauwatosa ($1,722/mo): West Allis ($1,372/mo), Greenfield ($1,425/mo), Milwaukee ($1,469/mo).

What percentage of Wauwatosa residents rent vs. own?

According to Census data, approximately 39.2% of Wauwatosa households are renters, while 60.8% are owner-occupied. Wauwatosa leans toward homeownership, which can mean a smaller rental inventory.

How does Wauwatosa rent compare to the national average?

Wauwatosa's median rent of $1,722/mo is $243 (12%) below the US national median of $1,965/mo. Within Wisconsin, it ranks #12 out of 62 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,722/mo, rent takes ~20% of Wauwatosa's median household income ($101,138/yr). The standard benchmark is 30%.

Wauwatosa 20%Benchmark 30%
State income tax3.5–7.65%
Run the Wauwatosa affordability calculator →
Lowest-rent ZIP codes in Wauwatosa
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wauwatosa, WI

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